7308 Fox Hollow WayLouisvilleKY40228
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Louisville at 7308 Fox Hollow Way, Louisville, KY, 40228 offers a 9.03% rental yield on a $182,500 purchase with $1,373/mo rent. Total monthly income registers $1,373/mo, and a $893/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,150/yr on $60,499 to close, and return on cash invested stands at 25.12% in year one. Equity gained on principal adds $1,178/yr while 5% annual appreciation supports $50,421 over five years. Portfolio math shows five-year ROI at 130.67% and total cumulative return in cash at $79,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,373/mo property income against a $893/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40228, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 6,015 (68.4%) |
| Renter Occupied HU | 2,430 (27.6%) |
| Vacant Housing Units | 352 ( 4.0%) |
| Median Home Value | $267,381 |
| Average Home Value | $286,167 |
Housing Distribution
Address Breakdown
Residential
8,368
Single Family
8,108
Multi-Family
260
Businesses
343
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Listed by: Brian D Stickler • Stickler & Associates Agency
Mls Name: GLARMLS
Mls ID: #1706866